If unusually warm weather helped encourage job growth earlier this year, May was like a wet, cold rain. A report from the Labor Department on Friday showed that U.S. employers added just 69,000 jobs last month — far fewer than expected.
Today at about 4 p.m., Republican presidential candidate Mitt Romney filed his public financial disclosure with the Federal Election Commission. The report outlines the former Massachusetts governor's assets and liabilities.
We'll embed a copy of the report at the bottom of this post and we'll add more details to this post as we work through them.
Among the biggest advertisers in the presidential campaign is a group that says it doesn't do political advertising: Crossroads GPS.
Crossroads GPS — which stands for Grassroots Policy Strategies — was co-founded by Republican strategist Karl Rove. It and others like it enable wealthy donors to finance attack ads while avoiding the public identification they would face if they gave to more overtly political committees.
How to convince voters that while the economy isn't roaring, the situation is still improving?
That's President Obama's challenge, made more difficult with every passing month where the jobs report disappoints, as on Friday. The latest Labor Department report informed us that only 69,000 jobs were created in May, less than half what analysts had forecast. Meanwhile, the jobless rate ticked up a tenth of a percentage point to 8.2 percent.